Tag: LME Ni

India’s domestic and imported scrap prices remained stable despite a slight drop in LME Ni and subdued demand. SS 304 scrap was at INR 122,000/t, and SS 316 scrap was at INR 215,000/t, ex-Delhi. Imported scrap prices were $1,460/t for 304-grade and $2,660/t for 316-grade, CFR Mundra. Buyers were hesitant despite minor drop in import…